PennEngineering® (Danboro, PA, USA) has entered into an agreement to acquire Heyco® Products Inc. (Toms River, NJ, USA), it was announced by both companies. Terms of the agreement were undisclosed and no changes are anticipated regarding Heycoâ€™s operations, facilities, and employees. The acquisition is expected to expand sales growth opportunities for both companies.
Heyco Products (www.heyco.com) will continue to operate as a separate company under the PennEngineering corporate umbrella. The highly regarded Heyco brand will remain unaffected. Bill Jemison, President of Heyco, will continue to lead the company with the existing Heyco management team. He will report to Mark Petty, CEO of PennEngineering.
"PennEngineering and Heyco share a common culture of solid brand recognition and quality engineered products, with a strong RD and customer service focus," said Petty. "This will allow for a seamless transition. The acquisition will diversify the PennEngineering product portfolio by expanding into engineered plastic fasteners, components and wire protection products. Additionally, Heyco will benefit from the wide range of resources that PennEngineering can provide."
Founded in 1926, Heyco Products designs and manufactures molded wire protection products, plastic fasteners, molded components and stamped electrical components to meet the needs of industrial, medical, appliance, transportation, alternative energy, lighting, and aerospace companies. With a well-known brand name, Heyco also brings with it a modern, globally certified, U.S.-based manufacturing facility with vast expertise in injection molding, progressive stamping, over molding, and assembly processes and techniques.
Atlas® Tool Update
Two new products have been added to the ATLAS line of installation tools.
First, a new Hex Cutter tool has been added to the line. Hex cutter tools are pneumatic driven tools that can transform a round hole to hex shaped for installation of full hex and half hex blind threaded inserts. The two tools now offered can create holes to install #8 to 1/2" and M4 to M12 thread sizes. For more information, click here. A full ATLAS product catalog is also available.
Second, and totally new is the ATLAS process control installation tool system. The system allows you to monitor the installation of blind threaded inserts when using a spin-pull tool. This provides for precise installation, improved productivity and waste reduction. Visual and audible alarms keep the process in check. For more information contact email@example.com.
Unique Application for PEM® Products
PEM® Fasteners a Key to Assembly Success for PianoArcâ„˘ Circular and Curved Keyboards
PianoArcâ„˘ (Boston, MA) has struck a resonant chord in the world of music by pioneering astonishing circular and curved keyboards for performers at live concerts and stadium events around the globe. The unique keyboard designs and layouts have changed the way that artists approach their music and serve as fresh evidence that creativity and innovation are alive and well up and down the scale.
One of the assembly challenges for PianoArc designers from the outset was how keyboard units could be attached securely to compatible stands. For this critical function PEM® self-clinching nuts from PennEngineering® (Danboro, PA) became the keys to success.
Almost 32 PEM carbon steel self-clinching nuts play roles in each of PianoArcâ€™s two most popular keyboard offerings: the circular Brock360 and the semi-circular DualWing designs. The nuts specified for both of these applications install permanently in 1/8"-thick machined aluminum panels that compose the keyboard stands â€“ creating load-bearing threads in the very thin sheets and providing high pushout and torque-out resistances. Mating screws complete attachment of units to stands.
"For years we have trusted PEM hardware," notes Dave Starkey, chief technical officer at PianoArc and the originator of the companyâ€™s mechanical and electronic keyboard designs. "PEM fasteners simply work." Upon their installation (in these applications they are manually pressed into place using an arbor press instead of automatically), the fasteners ultimately remain intact, never loosen or fall out, and will not jeopardize unit integrity or performance on the road or in concert.
"Reliable attachment of keyboard units and stands is obviously essential," Starkey adds, "and the PEM nuts consistently do the job without fail."